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Author: Sai-ling Yam
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 314
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Book Description
Author: Sai-ling Yam
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 314
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Betty Yung
Publisher: Hong Kong University Press
ISBN: 9622099041
Category : Social Science
Languages : en
Pages : 240
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Book Description
This book examines housing policy in Hong Kong using a new and unique interdisciplinary approach – combining the philosophical discussion on social justice with policy and housing studies. It considers both Western and Chinese concepts of social justice, and investigates the role of social justice in a public policy such as housing. As a philosophical treatise on social administration, the book will be of interest to philosophy, public administration, and housing studies academics and students of all countries. Since Hong Kong represents a very special case with massive governmental intervention into the housing market, housing professionals and policy makers will find the analysis of Hong Kong's housing policy useful.
Author: Ai-Kheng Jasmine Ng
Publisher: Open Dissertation Press
ISBN: 9781374790995
Category : Technology & Engineering
Languages : en
Pages : 192
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Book Description
This dissertation, "Intertemporal Pricing Strategies: a Study of the Primary Private Housing Market of Hong Kong" by Ai-kheng, Jasmine, Ng, 黃愛琴, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. DOI: 10.5353/th_b3124078 Subjects: Housing - Prices - Econometric models - China - Hong Kong
Author: 馮源愛
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages :
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Author: Tak-Kin Lau
Publisher: Open Dissertation Press
ISBN: 9781361122969
Category : Technology & Engineering
Languages : en
Pages : 100
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This dissertation, "Relationship Between Subsidized Housing and the Private Housing Marketin Hong Kong" by Tak-kin, Lau, 劉德健, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract The Hong Kong Housing Authority (HKHA) is a statutory body responsible for providing subsidized housing in Hong Kong, which accommodates about 50% of the population. Subsidized housing mainly includes Public Rental Housing (PRH) flats, Home Ownership Scheme (HOS) flats, and Private Sector Participation Scheme (PSPS) flats. PRH flats are intended for rental to the lowest income groups, while HOS and PSPS flats are for sale to middle income groups. Since subsidized housing plays such an important role in Hong Kong, this study will examine the relationship between the supply of subsidized housing and private housing's market performance. Two hypotheses are set. One is that an increase in the supply of subsidized housing would lower the price of private housing. The other is that the negative effect of PRH supply on housing prices is stronger than that of HOS/PSPS because PRH offers greater subsidies and involves a larger segment of the population, despite its more stringent entry criteria. Regression analysis was used to test the hypotheses. Quarterly data from 1980 to 2002 was collected. Since property prices are likely to be affected by factors other than the supply of subsidized housing, variables such as rental levels, unemployment rates, interest rates, and private housing completion were included as controls. The regression results showed that increasing the supply of PRH and HOS/PSPS produced a negative effect on private housing prices. Moreover, the negative effect of PRH is significant at the 5% level, while that of HOS/PSPS is not. This may imply that controlling the supply of PRH, rather II than HOS/PSPS, is a more effective way for the government to influence private housing's market performance, given that the costs of controlling both are similar. This can be done by altering the supply of PRH, adjusting the subsidized rental rates, or changing the entry criteria. The other implication of the study is that the government may also take measures to drive the demand for private housing, because rental levels, unemployment rates, and interest rates are significant factors affecting private housing prices. A fundamental recovery of the economy is important for stimulating the general public's demand for property investment. A deep understanding of the implications from different types of public housing and other demand factors should help policymakers formulate better policies for the housing market. III DOI: 10.5353/th_b3527847 Subjects: Housing - China - Hong Kong Real property - China - Hong Kong
Author: Chi-Kin Chan
Publisher:
ISBN: 9781361015469
Category :
Languages : en
Pages :
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This dissertation, "Apply the Experiences in Hong Kong, to Study the Effectives of Fiscal Policy and Monetary Policy to Achieve an Adequate Housing Market" by Chi-kin, Chan, 陳子健, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Up to 2014, the housing affordability rating of this island reaches 17 and top in a survey covering 378 regions globally. The rating reveals the private housing market in Hong Kong is problematic and distance from achievement of an adequate housing market. Surprisingly, the local government has been performing a major role in the housing market since mid of 20th century. Given the continuous manipulation to the domestic market by the local government, why is the market still denounced twisted? In the paper, different government policies and measurements are examined for its effectiveness on the price of the private residential market. This research aims to investigate and compare the effectiveness between the fiscal and monetary policy applied by the Hong Kong Government on the housing market. In order to achieve an objective and clear analysis, quantitative approach is adopted in this attempt of research. Multiple regression model is built and macro-economic data is input to the model to examination the correlation. The remaining part of this study tries to analyze and explain the result in the model. Subjects: Housing policy - China - Hong Kong
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: James Lee
Publisher: Routledge
ISBN: 0429803427
Category : Political Science
Languages : en
Pages : 350
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Book Description
First published in 1999, this volume examines the issue that, in the last two decades, the housing system in Hong Kong has witnessed a slow but consistent transition from a tenure dominated by public rental housing to one dominated by private home ownership. This book seeks to explain the unique social organization of home ownership in contemporary Hong Kong. Specifically, the book deals with the genesis of home ownership from three areas: housing histories, family culture and capital gains from home transactions. It is agreed that extreme deprivations in housing conditions in early lives, a strong family culture of mutual help as well as unprecedented capital gains, all contribute towards explaining the complex nature of home ownership growth. In conclusion the book suggests that with China regaining sovereignty after July 1997, the social organization of home ownership will be further complicated by more internal migrations from other parts of China, making housing problems even more acute.
Author: Corater Goretti Chang
Publisher:
ISBN: 9781361399118
Category :
Languages : en
Pages :
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